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the economy french economy is in. now, the german survey responses say the economies were worried about the impact prices. in france, they're much more domestically focused with some suggestions that things couldn't get any worse. >> well, the domestic situation is already a known negative. just to recap for viewers, as well, the composite, which includes both the services and is manufacturing, pmi came in at 46.5 in april for the eurozone. that was just ever so slightly above the 46.4 estimate and manufacturing came in 46.5. the services figure was 46.6. but, again, it's some of the weakness in the core economy of germany that's catching the market's attention this morning. the euro weaker, the xetra dax off by about 0.2%. we're going to get some uk data out at 9:30. also coming up on the show, the how companies are battling to take a foothold in the alternative energy market in china. then at 11:10, we'll be joined by jim o'neill as he nears the end of his tenure at goldman sachs. we'll get his best and worst investment calls from his time in the city. we'll hear up for earnings from
and when your biggest trading partner has a no-growth philosophy and paralyzing its own economy, you are not doing a lot of business with a partner, and the proximate cause for the weakness here in the united states was the shellacking in gold and the worst decline since 1980, and what we look at the etf falling 8% in a single day and now gold futures tumbling 15% in two days, and that is remarkable. and what caused that go down hideously? and gold and wheat causing all of the commodities to plummet, and oil did drop a little bit more than $2 after being down badly last week, i could say, yes, to that. i could say, yes, gold is that powerful and crush all sorts of assets in the declining wake, but it isn't. i could easily tell you, of course, that the slowing in china caused gold, copper, aluminum and other stocks the decline. it didn't. it would be an excuse that would fit the picture, but mystify you even more and really be nothing more than attempt by me to put the irrational in the rational box and then wrap a bow on it. think about it. china is terrible all year and nothing new
and granger. that's a great tell of the real economy. boy, it's hard not to -- >> there's a lot going on regarding housing. we'll keep our eyes on the homebuilders. >> these people want to try to find a hole in the housing starts, good luck. this is a very big move and we're building far fewer homes than what are destroyed by fire and flood. a lot of people will live with their mother-in-laws. >> despite what we know about the price of building products, right? and the cost of contractors and electricians. >> and i think some of those costs again will come down. copper came down big, and aluminum bid. we'll take you to boston. we're expecting this to be the fbi in charge of the boston field office and deval patrick there and the u.s. attorney carmen ortiz. let's listen in. >> everyone, thank you for coming this morning. less than 24 hours after yesterday's act of terror we wanted to organize a briefing for you with the information that we have. the mayor is here, the members of our congressional delegation, all of the law enforcement leadership. we have several people who want to pres
's almost always because of fears about a steep slow down in the economy. now, it's the global economy. yeah, the worries used to be the united states centric. and perhaps the economy had been growing too hot. and the fed was raising rates. perhaps the monthly employment numbers showed a sudden reduction as we saw in the late summer of 2007, which ushered in the great recession. maybe there is a shocking shutdown in retail sales. now, i'm not saying that every single selloff plays out like this, but the vast majority of them actually really do. of course, lately we have a new element. we are all one world these days and a slow down in china is now greeted as more of a threat to our stock market than an actually slow down here in the united states. crazy. but it's true. when you get these kind of jitters, which include the requisite collapse in commodities like oil and copper and the markets sell, sell, sell, can't be combatted overnight because it's so horrendous, it does kind of paralyze things. but here's what happens. certain sectors stabilize a lot faster than others. particularly if the
and a reminder that the government is a net drag on this u.s. economy. >>> check out auto nation. there is no better gainer on the s&p. stock that's already up 17% this year. >> it's remarkable. >> we all know what pent-up demand is for cars. we all know the mileage that's on the average trade-in. >> i like mike jackson. when you contrast europe with the united states, think of auto nation. okay? they can't move a car in europe. they can't move one across the street. >> you're absolutely right. talk about a dichotomy. >> we are not one world. used cars going up, too? the country you can get, wells fargo largest auto loan company. you can get money for a car. it is tougher to get money. richard smith, i have this guy from realogy. a large real estate company. they're holding their value much more than you thought in the united states. >> morgan stanley is down 3%. talked about m and a, lack of activity saying it just reflects the ceo's lack of confidence with regards to earnings power. >> which is what you hear. those who are doing deals, it is interesting, are the likes of -- or
was not working. >> that's a good point. you thought maybe stand above all of the other lesser economies and the news did start to tighten. >> i thought it was the most important article in the paper. maybe they're breaking ranks [ bell ringing ] >> and his own jack lou? >> hard to tell. >> they are geniuses. >> i took economics, and i couldn't wait how long they were. >> there's the bell. s&p at the top of the screen. state street global advisers and blackstone celebrating the recent launch of the spider, senior loan etf. the texas independent producers and the royalty owners association doing the honors. you cannot start this market day, jim, without talking about netflix. a 25% move is a big move even on that name. >> that was a big short position. there was not a lot of stock that was out there. it's a very tight flow. >> a lot of people kept thinking that this is the quarter where we find that the bulge in new subscribers wasn't happening and there are other people who immediately point out, look, the cash flow is not that good and the 36 analysts who cover the stock only six are re
result. also what i liked is some of the bright spots that we see in an otherwise challenged economy. namely, the recovery of housing, particularly in our big housing states of california and florida. this has put an underpinning under consumer confidence and we see the preassumption of home construction, the energy situation in texas is very strong, lead to go an increase in pickup truck sales for us of plus 18%. we also had significant acquisitions in the quarter. in both phoenix and dallas, revenue run rate of 250 million, which when combined with last quarter is now over 800 million of acquisitions within the last six months and is, finally, and last but not leaf least, we've branded 0% of the company now under the flag of auto nation and the branded markets, even though we walked away from some names that were 80 years old, improved share right out of the box. >> that's what i was thinking, you know, wayne has been trying to get you to do that for a while and you finally listen to him and then you get the best quarter ever. >> yeah, you know, i should always listen to wayne soon
, engineers, whatever, are able to get her because they have the skills the american economy needs. jon: well as this bill moves through the senate and on into the house, presumably we will continue to follow it here on fox. karl rove, thank you. >> you bet, jon. jenna: the case against the boston marathon bombing suspect, why there are growing calls to be treated as a so-called enemy combatant. there are arguments for both sides. we'll break it down. new calls on chechen terror groups including past attacks like this one in a moscow theater more than 10 years ago. a brutal, brutal attack that got worldwide attention. there are questions surfacing today, how the groups may have influenced the boston suspects if at all. what you need it know, next. [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the deliciousness you desire. the brownie of your dreams is now deliciously real. jenna: right now a whole lot of legal questions surrounding the marathon legal attack and case against suspect dzhokhar tsarnaev will play out. a growing number of lawmakers are calling for him
of this economy that are going strong? like housing. a totally domestic industry. not france, not generation not socgen. that's not going to be droild by european woes or a chinese slowdown. they have nothing to do with each other. the housing comeback is still with us. as we know from yesterday's terrific housing starts number. and this is the kind of huge multiyear theme that's going to keep powering forward no matter what you're fretting about. take a look at this chart of new housing starts. you can see that we're very much on the upswing. but we still have a long way to go before we reach the elevated levels that we saw back in 2005-2006. so how do we play the housing resurgence? right now what do we do? what can we snoen what about realogy? a huge realtor that's the world's largest fran schooizer of residential real estate brokerages. coldwell banker, century 21, sotheby's, better homes and garde gardens. last year this company was involved in more thain quarter of all domestic home sales transactions that involved the broker. they are that big. they came public back on october 27th. i
. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. the new ram 1500. ♪ haters best get to bloggin' in it ♪ ♪ so hot right now that our designer ♪ ♪ sunglasses be foggin' ♪ this crowd is classic ♪ so we play 'em like rachmaninoff ♪ ♪ just hooked 'em up with score alerts ♪ ♪now we're about to set it off ♪set it off like a score alert ♪ beep beep what? ♪if you set your phone to vibrate ♪ ♪ then it might alert your button flies all the ♪ ♪ girls and the guys wanna keep that credit score ♪ ♪ high like a private jet free-credit-score-dot-com ♪ ♪ don't forget narrator: offer applies with enrollment in freecreditscore.com >>> the brother who was killed, tamerlan tsarnaev, was on authorities' radar for a while. the fbi investigated tsarnaev in 2011 at the request of the russian government. so why didn't they follow up after tsarnaev went to russia for six months late last year, including an extended stay in the chechen regiregion? >> this man w
connect. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. . >>> welcome back to boston. serious questions being raised about what went into the planning of the attack here at boston marathon. now, the suspect in custody says it was just him and his brother. but we are learning and now suspecting that may not be altogether true. cnn pentagon correspondent barbara starr joins us now. bar ra, what have you learned about possible links to al qaeda or others? >> reporter: well, chris, what we are hearing from u.s. officials we have spoken to is they are taking the claims that dzhokhar tsarnaev has made and taking a look at whether the two brothers may have learned their expertise online. one of the things they are looking at is an online publication called inspire. this is a publication essentially, online site, sponsored by al qaeda in the arabian peninsula essentially al qaeda in yemen. amongst the extremist jihady move. well known, in existence for many years. they published some time back a recipe for making a pressur
western economies are not looking good at all and many of them are in contraction. so it's a bit of a mixed picture. we're not that certain. investors have money to allocate to right now go for gold and silver first before looking at other commodities, except, perhaps, natural gas equities and they're extremely trading, many of them trading well below book values. that's another dpesed opportunity. >> always good to have you on. martin hennecke, associate director at type. >>> shares of softbank after someone made a competing bid for sprint. but softbank remains determined says it is still the best on the table. fashuiko has the story for us from tokyo. >> hi, ross. dish may be giving them a run for their hone, but softbank is still confident of its $20 billion bid for strength. softbank said its choice to invest in sprint is superior to the offer made by dish. it expects to close the deal on july 1st with its original plan. softbank's $20 billion deal to acquire 70% of sprint reached agreement by the two companies in october and is now under review by the u.s. federal communicat
and more money chasing fewer shares. doesn't matter that the realty is the underlying economy is not growing and getting a little weaker with the higher taxes, but, you know, and i also like netflix. i like amazon. i like sales force. i like companies that they actually are creating demand because they're new leading edge products. yes they have a very high p-e. so does sales force. so does amazon. but they're generate, they at tracking new revenues from new businesses that didn't exist before. netflix is a great example. david: one. hits against apple right now, which you are recommending. and this is to michael. they haven't come out with a new product line. they have been sort of revising some old models. does that concern you? are you still for apple even though the new products don't seem to be anywhere to be seen? >> i would agree with you, in the past couple quarters we haven't seen anything compelling coming out. but i think that is going to change. i think we heard a lot about an i-watch. i think we heard about itv. we heard about a new ipad coming out. we'll get some
does, and he believes -- he actually says the economy is not bad for their customer base as you might think. in an environment like this malone cease cheap money and the ability to lever up cash flow-producing businesses and he will keep doing that and liberty global will be leveled high. you get to some high levels in terms of how much debt versus how much cash flow you have. nonetheless, that's a strategy and that continues to be one. >> use it. use it. use it. >> everyone always talks about how they've got to go overseas and then they pay too much. here's a guy who is going in and he's not paying too much. he is down substantially and any time you ever listen to a conference call, it's, like, woe is me, and here's a guy that says i'm taking advantage of it and that means to me that there will be a bottom because he's too smart to bet against them. >> we'll meet coat-directors of a documentary on bernie madoff said to premiere at new york's tribeca film festival. the dow is down 108, reversing what we got yesterday. back in a minute. ♪ ♪ [ male announcer ] how do you engineer a
it is desperate times, bring desperate acts. >> stephanie: rush limbaugh tried to say it is the obama economy. obviously somebody is frustrated because it is a bad economy. >> to your point us, everyone feels their home pain more so than they do others. i am certain that in other countries where the bombings happen regularly there is a certain amount of shrugging going on when they happen on our soil because they've experienced them so harshly. and not by americans acting upon them. their own local sectarian violence creates these kind of situations and when they look at -- were it to be homegrown in our case, they would say this is something we deal with. you're going to feel your home pain more so than you're ever going to understand. that's natural. the question -- >> stephanie: richard -- we were talking about george bush saying i'm comfortable with my decisions about the iraq war which, of course was his response to 9-11. >> he didn't make any. >> stephanie: but the point is, i think it was just yesterday there was some bomb that killed zillions more people in iraq than -- so you're righ
private initiative to the economy, and reagan realized that. you don't find out about this at the reagan library but reagan met with gorbachev at reykjavik, famously, and the two almost agreed to nuclear disarmament. the reaganites in the defense department were horrified by this and put a stop to it but reagan didn't go all the way with reaganism when he had a chance to end the cold war, especially the nuclear threats. so it's a hard-core republican belief. if you remember the pup pup prime -- republican primaries of 2012, it was not that long ago there were eight or ten republican candidates in simi valley for a debate at the reagan library and every one of them said reagan set the example how maring be strong, reagan did with the soviet union and we should do it today in iran, we should do it -- we were right toy trite in iraq. america should use its power to achieve its spend destroy its enemies. i worked in the cold war and in the middle east. you have 29% of the american people agree with that today. >> richard, do you want to say something? you're leaning forward. >> no. >> okay.
it. >> in 1839, britain, at the moment it controls more of the world economy than it will ever do before or since, about 40% of world trade, go in and invades afghanistan. looks as if it's going to be incredibly easy. >> always does, doesn't it? >> they walk in as with many other subsequent invasions, looks as if everything's going to go very easy. within a few months they are busy ice skating. they brought their fox hounds. they've come up with 30 camels full of -- they brought three camels with cigars. one camel just carrying eau du cologne for the troops. all looks easy. within 18 months the most incredible jihad has been declared. the troops are completely surrounded. because they walked in so easily they haven't made any fortifications. they're surrounded on all sides by hills. the afghans capture their food and ammunition within about 48 hours. they shoot the deputy governor at the uprising. the main governor goes out to negotiate. he gets shot dead. you have a completely lead to this army without food, without ammunition in the middle of winter. all they can do is retreat.
helps write the next chapter in american history by reinrigvating our economy and the kind of country that attracted my maternal grandparents. >> that hearing is still going on at the moment. meanwhile, some republicans like senators chuck grassley and jeff sessions have started wondering allowed whether we should slow down immigration reform in the wake of last week's marathon bombers. just the opposite. we need to act more quickly to identify who is here and to use reform to toughen current regulations. >>> we're finding out today that neither of the boston bombing suspects was licensed to carry a gun. this according to the cambridge police department which says that 19-year-old dzhokhar tsarnaev was not old enough to apply for a license because he would have to be 21. the department has no record of 26-year-old tamerlan tsarnaev ever applying. massachusetts state law does say those under 21 can get a firearms i.d. card. they can own a shotgun or a rifle holding less than ten rounds but according to authorities, the two brothers had at least six bombs handguns, a rifle and more than
) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the rain in today's forecast will only add to the record flooding happening all across the midwest. a state of emergency has been declared in missouri and in illinois governor pat quinn has declared disaster areas in more than 40 counties. cnn's jim spellman is in illinois where the river has been overflowing since sunday and residents they are they're preparing for even more water. >> the last thing they want to hear about here is another inch of rain coming. i'm not sure it will really make a huge difference. but take a look. two blocks in from the water and it's inundated here a foot up at the edge. three or four feet there at the worst. we haven't seen widespread reports of this kind of damage, but here in spring bay, it's having a huge impact. take a look. last minute prep in spring bay, illinois, as floodwaters inundate this riverside community. where is your home? >> my home is that gray and white mobile home with the black shutters on it. >> you can't get to
to some issues including how the public remembers president bush. his approval numbers on the economy have nearly doubled since 2008. when it comes to the invasion of iraq 57% still disapprove but that number is down from 65. the bush library expected to open this thursday. president obama will attend as will all former living presidents. mark sanford to stay afloat in his bid to win south carolina's first congressional district. he is going up against elizabeth colbert-busch. out with a new ad attacking her on her support for unions. take a look. >> labor's voice, pelosi's voice, not our voice. >> the latest poll has colbert-busch up 50-41. last week sanford's ex-wife was suing him for trespassing. they have bun debate scheduled for april 29th. we're back with more show after the break. stay with us. high. cenk uygur: i think the number one thing viewers like about the young turks is that we're honest. i think the audience gets that i actually mean it. michael shure: this show is about being up to date so a lot of my work happens by doing the things that i am given to d
this make our information and economy quite safer. aest: catherine lotrionte is professor at georgetown university and has been talking to us about cyber security and privacy. thank you for being on the program. guest: thank you. >> tomorrow on washington ahead to a gunk and immigration legislation. then the executive director of the national consortium for the study of terrorism and responses to terrorism. and the constitution project on the treatment of detainees and the use of torture by the united states. live atton journal," 7:00 a.m. eastern on c-span. this week, both weekly addresses focused on the boston marathon bombings. at first, president obama, then the republican address from senator tim scott of south carolina. >> on monday, an act of terror when did dozens and killed three innocent people at the boston marathon. but in the days since, the world has witnessed one sure and steadfast truth -- americans refuse to be terrorized. ultimately, that is what we will remember from this week. that is what will remain. as stories of heroism and kindness, resolve and resilience, gener
Search Results 0 to 21 of about 22 (some duplicates have been removed)